Cosmetics molder Hermann Koch sold to investment group

EUROPEAN PLASTICS NEWS

Published: December 5, 2013 3:27 pm ET
Updated: December 5, 2013 3:32 pm ET

Related to this story

Topics Packaging, Mergers & Acquisitions, Injection Molding, Blow Molding, Personal-care packaging

German rigid packaging producer Hermann Koch Group has been sold to a group of investors for an undisclosed sum.

Dr. Schiller Treuhand Steuerberatungsgesellschaft sold 94 percent of the shares of Hermann Koch GmbH, based in Coburg, and its related company Kunststofftechnik Straufhain GmbH, based in Straufhain, to Velox GmbH & Co. KG, an investment group based in Munich.

The buyer is not connected with Velox GmbH, the plastics, additives, paints and coatings distributor based in Hamburg, Germany.

Thiemo Hagedorn and Jörg Lux have been appointed joint managing directors at Hermann Koch-Group.

Deutsche Mittelstandsfinanz acted as sole financial adviser to Dr. Schiller.

In a news release issued by Deutsche Mittelstandsfinanz, Hagedorn and Lux said: "Innovative packaging ideas, interesting design, customer-orientation and a highly efficient production will strengthen and improve our market position in the cosmetic industry in the coming years. Coburg with its cluster of business partners and suppliers is the perfect location.”

Hermann Koch-Group has annual sales of about €20 million and employs 250 at its production sites in Coburg and Straufhain.

The group uses mainly injection molding and extrusion blow molding to produce 1.2 million packaging units per day for the cosmetics market.


Comments

Cosmetics molder Hermann Koch sold to investment group

EUROPEAN PLASTICS NEWS

Published: December 5, 2013 3:27 pm ET
Updated: December 5, 2013 3:32 pm ET

Post Your Comments


Back to story


More stories

Image

Western Case grows with investments in infrastructure and equipment

February 27, 2015 5:56 pm ET

RIVERSIDE, CALIF. — Blow molder Western Case Inc. has invested significantly in infrastructure and equipment while relocating and raising the...    More

Image

German molder picks North Carolina for US manufacturing plant

February 26, 2015 4:21 pm ET

UPDATED — German medical goods company Raumedic AG has chosen Mills River, N.C., for its first U.S. manufacturing site and U.S. headquarters.    More

Image

Plastic Omnium makes China investment push

February 26, 2015 4:35 pm ET

Three of the six new plants that automotive molder Plastic Omnium SA plans this year will be in China, part of a broader push it’s making in...    More

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is currently...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events